Newark USDA Loan Rates, Closing Costs & Stats

NEWARK, NJ-PA

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    • USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

    Newark USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Newark averaged 0% for the week of 2026-10-09, compared to the national average (all USDA variants) of 7.147% for the same period.

    Newark's average USDA mortgage closing costs are $0.

    The average rate for the prior week (2026-10-02) was 0% and one month ago for the week of 2026-09-04, the average rate was 0%.

    The average rate one year ago was 0%.

    For refis of the same type during the week of 2026-10-09, the average rate was 0%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Newark USDA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Newark level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs

    The lowest fee Newark USDA lenders (with over 10 loans originated) are .

    The lowest rate Newark USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Newark (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $504,500 (12.2%) $1,201,897 (11.3%) 1.87 47,166
    2018-02-01 $525,000 (13.2%) $1,203,837 (6.8%) 1.91 49,645
    2018-03-01 $539,900 (11.9%) $1,180,874 (3.9%) 1.89 53,178
    2018-04-01 $551,925 (10.6%) $1,177,424 (1.1%) 1.87 56,296
    2018-05-01 $569,000 (10.7%) $1,170,846 (1.2%) 1.90 61,351
    2018-06-01 $569,500 (9.5%) $1,152,998 (-0.1%) 1.90 64,304
    2018-07-01 $564,000 (8.7%) $1,133,502 (-0.8%) 1.88 64,929
    2018-08-01 $550,000 (10.1%) $1,099,883 (-1.9%) 1.84 64,092
    2018-09-01 $559,000 (10.7%) $1,107,855 (-2.7%) 1.88 64,664
    2018-10-01 $559,000 (7.0%) $1,118,438 (-4.1%) 1.89 65,012
    2018-11-01 $559,000 (7.6%) $1,130,071 (-3.5%) 1.89 62,638
    2018-12-01 $549,000 (7.7%) $1,130,081 (-4.4%) 1.89 56,644
    2019-01-01 $545,000 (8.0%) $1,129,579 (-6.0%) 1.88 52,146
    2019-02-01 $549,450 (4.7%) $1,141,878 (-5.2%) 1.86 54,158
    2019-03-01 $562,429 (4.2%) $1,142,373 (-3.3%) 1.84 57,717
    2019-04-01 $579,000 (4.9%) $1,138,123 (-3.3%) 1.84 61,683
    2019-05-01 $595,000 (4.6%) $1,143,090 (-2.4%) 1.86 67,047
    2019-06-01 $595,000 (4.5%) $1,134,392 (-1.6%) 1.86 68,877
    2019-07-01 $582,500 (3.3%) $1,121,501 (-1.1%) 1.82 67,789
    2019-08-01 $581,282 (5.7%) $1,115,772 (1.4%) 1.84 66,922
    2019-09-01 $583,373 (4.4%) $1,128,475 (1.9%) 1.87 66,094
    2019-10-01 $585,000 (4.7%) $1,138,560 (1.8%) 1.89 64,996
    2019-11-01 $579,000 (3.6%) $1,151,274 (1.9%) 1.90 61,218
    2019-12-01 $579,000 (5.5%) $1,177,551 (4.2%) 1.93 53,426
    2020-01-01 $572,350 (5.0%) $1,186,442 (5.0%) 1.91 49,253
    2020-02-01 $579,900 (5.5%) $1,189,724 (4.2%) 1.90 50,657
    2020-03-01 $599,000 (6.5%) $1,194,653 (4.6%) 1.88 52,117
    2020-04-01 $599,000 (3.5%) $1,235,772 (8.6%) 1.88 48,238
    2020-05-01 $599,000 (0.7%) $1,210,559 (5.9%) 1.82 47,909
    2020-06-01 $607,500 (2.1%) $1,202,446 (6.0%) 1.79 50,565
    2020-07-01 $629,500 (8.1%) $1,216,514 (8.5%) 1.82 53,814
    2020-08-01 $649,000 (11.7%) $1,257,269 (12.7%) 1.86 53,867
    2020-09-01 $649,450 (11.3%) $1,270,295 (12.6%) 1.86 54,157
    2020-10-01 $650,000 (11.1%) $1,299,551 (14.1%) 1.86 55,225
    2020-11-01 $649,950 (12.3%) $1,314,186 (14.2%) 1.90 51,806
    2020-12-01 $649,950 (12.3%) $1,335,691 (13.4%) 1.93 46,560
    2021-01-01 $649,900 (13.6%) $1,383,054 (16.6%) 1.94 40,169
    2021-02-01 $650,000 (12.1%) $1,406,224 (18.2%) 1.89 38,479
    2021-03-01 $649,000 (8.4%) $1,389,999 (16.4%) 1.84 38,239
    2021-04-01 $650,000 (8.5%) $1,399,519 (13.3%) 1.76 39,849
    2021-05-01 $650,000 (8.5%) $1,387,316 (14.6%) 1.73 42,007
    2021-06-01 $649,000 (6.8%) $1,349,941 (12.3%) 1.71 44,487
    2021-07-01 $629,000 (-0.1%) $1,307,328 (7.5%) 1.66 44,712
    2021-08-01 $622,500 (-4.1%) $1,292,003 (2.8%) 1.66 44,177
    2021-09-01 $618,500 (-4.8%) $1,294,966 (1.9%) 1.65 43,155
    2021-10-01 $625,000 (-3.9%) $1,312,909 (1.0%) 1.67 43,090
    2021-11-01 $625,000 (-3.8%) $1,361,740 (3.6%) 1.67 38,710
    2021-12-01 $625,000 (-3.8%) $1,394,618 (4.4%) 1.69 32,598
    2022-01-01 $625,000 (-3.8%) $1,504,762 (8.8%) 1.69 27,898
    2022-02-01 $644,000 (-0.9%) $1,450,324 (3.1%) 1.67 28,274
    2022-03-01 $649,995 (0.2%) $1,458,522 (4.9%) 1.63 30,198
    2022-04-01 $669,000 (2.9%) $1,456,246 (4.1%) 1.59 31,855
    2022-05-01 $677,000 (4.2%) $1,441,821 (3.9%) 1.55 35,674
    2022-06-01 $677,000 (4.3%) $1,388,419 (2.9%) 1.51 38,371
    2022-07-01 $669,000 (6.4%) $1,347,610 (3.1%) 1.51 40,502
    2022-08-01 $659,000 (5.9%) $1,330,848 (3.0%) 1.52 39,660
    2022-09-01 $669,950 (8.3%) $1,378,224 (6.4%) 1.57 39,189
    2022-10-01 $675,000 (8.0%) $1,467,986 (11.8%) 1.59 39,578
    2022-11-01 $675,000 (8.0%) $1,509,960 (10.9%) 1.62 38,208
    2022-12-01 $670,000 (7.2%) $1,533,266 (9.9%) 1.65 33,581
    2023-01-01 $672,000 (7.5%) $1,560,973 (3.7%) 1.66 30,337
    2023-02-01 $688,944 (7.0%) $1,590,351 (9.7%) 1.66 29,852
    2023-03-01 $699,000 (7.5%) $1,602,710 (9.9%) 1.65 29,858
    2023-04-01 $701,690 (4.9%) $1,624,018 (11.5%) 1.63 31,008
    2023-05-01 $744,500 (10.0%) $1,685,125 (16.9%) 1.69 32,102
    2023-06-01 $749,000 (10.6%) $1,637,472 (17.9%) 1.68 32,923
    2023-07-01 $745,000 (11.4%) $1,605,574 (19.1%) 1.69 32,748
    2023-08-01 $725,000 (10.0%) $1,569,162 (17.9%) 1.66 32,398
    2023-09-01 $725,000 (8.2%) $1,554,526 (12.8%) 1.69 34,332
    2023-10-01 $737,000 (9.2%) $1,621,804 (10.5%) 1.73 33,514
    2023-11-01 $737,400 (9.2%) $1,682,664 (11.4%) 1.76 33,823
    2023-12-01 $748,000 (11.6%) $1,777,494 (15.9%) 1.82 28,830
    2024-01-01 $749,000 (11.5%) $1,759,249 (12.7%) 1.83 26,598
    2024-02-01 $752,500 (9.2%) $1,702,306 (7.0%) 1.81 26,866
    2024-03-01 $770,000 (10.2%) $1,696,188 (5.8%) 1.81 28,525
    2024-04-01 $775,000 (10.5%) $1,704,094 (4.9%) 1.80 30,601
    2024-05-01 $793,852 (6.6%) $1,725,586 (2.4%) 1.81 32,222
    2024-06-01 $779,999 (4.1%) $1,658,776 (1.3%) 1.77 33,850
    2024-07-01 $775,000 (4.0%) $1,634,024 (1.8%) 1.77 33,666
    2024-08-01 $759,000 (4.7%) $1,594,117 (1.6%) 1.77 33,001
    2024-09-01 $772,500 (6.6%) $1,655,334 (6.5%) 1.82 34,640
    2024-10-01 $774,944 (5.2%) $1,657,727 (2.2%) 1.83 34,806
    2024-11-01 $768,000 (4.2%) $1,656,125 (-1.6%) 1.84 33,336
    2024-12-01 $750,000 (0.3%) $1,668,154 (-6.2%) 1.86 28,853
    2025-01-01 $750,000 (0.1%) $1,679,848 (-4.5%) 1.87 26,692
    2025-02-01 $766,944 (1.9%) $1,686,914 (-0.9%) 1.86 27,138
    2025-03-01 $780,000 (1.3%) $1,671,354 (-1.5%) 1.84 29,482
    2025-04-01 $789,473 (1.9%) $1,651,971 (-3.1%) 1.83 31,571
    2025-05-01 $795,000 (0.1%) $1,620,340 (-6.1%) 1.81 35,667
    2025-06-01 $786,500 (0.8%) $1,582,658 (-4.6%) 1.78 37,132
    2025-07-01 $775,000 (0.0%) $1,538,598 (-5.8%) 1.76 36,847
    2025-08-01 $760,000 (0.1%) $1,522,545 (-4.5%) 1.77 35,538
    2025-09-01 $759,500 (-1.7%) $1,547,083 (-6.5%) 1.79 35,885
    2025-10-01 $762,450 (-1.6%) $1,580,250 (-4.7%) 1.80 36,151
    2025-11-01 $750,000 (-2.3%) $1,575,331 (-4.9%) 1.81 34,661
    2025-12-01 $749,939 (0.0%) $1,600,526 (-4.1%) 1.88 30,003
    2026-01-01 $749,000 (-0.1%) $1,596,930 (-4.9%) 1.87 27,682
    2026-02-01 $749,450 (-2.3%) $1,620,985 (-3.9%) 1.86 27,679
    2026-03-01 $750,000 (-3.9%) $1,593,841 (-4.6%) 1.80 29,871
    2026-04-01 $772,929 (-2.1%) $1,577,863 (-4.5%) 1.82 33,514
    2026-05-01 $775,000 (-2.5%) $1,538,220 (-5.1%) 1.80 37,154
    2026-06-01 $792,000 (0.7%) $1,579,253 (-0.2%) 1.84 38,911
    2026-07-01 $772,250 (-0.4%) $1,542,772 (0.3%) 1.80 37,899
    2026-08-01 $749,000 (-1.5%) $1,456,869 (-4.3%) 1.76 36,676
    2026-09-01 $742,000 (-2.3%) $1,438,438 (-7.0%) 0.00 38,158
    Newark's median listing price for 2026-09-01 was $742,000, a difference of $-17,500 (-2.3%) versus the prior year and $-7,000 versus the prior month.

    Newark's median listing price comes in at 0% of the national average.

    Newark's average listing price for 2026-09-01 was $1,438,438, a difference of $-108,645 (-7.0%) versus the prior year and $-18,431 versus the prior month.

    For the 2026-09-01 period, Newark had 38,158 MLS listings, a difference of 1,482 listings (4%) versus the prior month and 2,273 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Newark (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 83 days 1,841 sqft
    2018-02-01 72 days 1,855 sqft
    2018-03-01 52 days 1,880 sqft
    2018-04-01 50 days 1,895 sqft
    2018-05-01 46 days 1,911 sqft
    2018-06-01 50 days 1,920 sqft
    2018-07-01 59 days 1,922 sqft
    2018-08-01 64 days 1,915 sqft
    2018-09-01 66 days 1,900 sqft
    2018-10-01 63 days 1,890 sqft
    2018-11-01 65 days 1,866 sqft
    2018-12-01 78 days 1,842 sqft
    2019-01-01 82 days 1,820 sqft
    2019-02-01 72 days 1,829 sqft
    2019-03-01 59 days 1,863 sqft
    2019-04-01 50 days 1,903 sqft
    2019-05-01 50 days 1,919 sqft
    2019-06-01 55 days 1,928 sqft
    2019-07-01 64 days 1,920 sqft
    2019-08-01 67 days 1,915 sqft
    2019-09-01 68 days 1,906 sqft
    2019-10-01 69 days 1,900 sqft
    2019-11-01 71 days 1,850 sqft
    2019-12-01 85 days 1,830 sqft
    2020-01-01 90 days 1,816 sqft
    2020-02-01 75 days 1,836 sqft
    2020-03-01 54 days 1,850 sqft
    2020-04-01 71 days 1,853 sqft
    2020-05-01 85 days 1,864 sqft
    2020-06-01 85 days 1,863 sqft
    2020-07-01 47 days 1,803 sqft
    2020-08-01 47 days 1,754 sqft
    2020-09-01 51 days 1,702 sqft
    2020-10-01 51 days 1,688 sqft
    2020-11-01 60 days 1,650 sqft
    2020-12-01 74 days 1,607 sqft
    2021-01-01 84 days 1,568 sqft
    2021-02-01 78 days 1,534 sqft
    2021-03-01 55 days 1,534 sqft
    2021-04-01 44 days 1,544 sqft
    2021-05-01 41 days 1,566 sqft
    2021-06-01 44 days 1,578 sqft
    2021-07-01 47 days 1,587 sqft
    2021-08-01 53 days 1,581 sqft
    2021-09-01 57 days 1,560 sqft
    2021-10-01 57 days 1,534 sqft
    2021-11-01 58 days 1,506 sqft
    2021-12-01 70 days 1,462 sqft
    2022-01-01 79 days 1,432 sqft
    2022-02-01 60 days 1,411 sqft
    2022-03-01 40 days 1,430 sqft
    2022-04-01 39 days 1,450 sqft
    2022-05-01 38 days 1,507 sqft
    2022-06-01 39 days 1,555 sqft
    2022-07-01 44 days 1,570 sqft
    2022-08-01 54 days 1,553 sqft
    2022-09-01 59 days 1,549 sqft
    2022-10-01 59 days 1,536 sqft
    2022-11-01 62 days 1,526 sqft
    2022-12-01 75 days 1,500 sqft
    2023-01-01 82 days 1,487 sqft
    2023-02-01 75 days 1,482 sqft
    2023-03-01 55 days 1,487 sqft
    2023-04-01 50 days 1,494 sqft
    2023-05-01 48 days 1,504 sqft
    2023-06-01 51 days 1,526 sqft
    2023-07-01 54 days 1,548 sqft
    2023-08-01 59 days 1,550 sqft
    2023-09-01 60 days 1,552 sqft
    2023-10-01 56 days 1,554 sqft
    2023-11-01 58 days 1,555 sqft
    2023-12-01 71 days 1,534 sqft
    2024-01-01 79 days 1,500 sqft
    2024-02-01 69 days 1,499 sqft
    2024-03-01 50 days 1,500 sqft
    2024-04-01 45 days 1,501 sqft
    2024-05-01 44 days 1,538 sqft
    2024-06-01 47 days 1,558 sqft
    2024-07-01 52 days 1,574 sqft
    2024-08-01 58 days 1,560 sqft
    2024-09-01 57 days 1,565 sqft
    2024-10-01 54 days 1,563 sqft
    2024-11-01 59 days 1,543 sqft
    2024-12-01 73 days 1,500 sqft
    2025-01-01 77 days 1,492 sqft
    2025-02-01 68 days 1,484 sqft
    2025-03-01 48 days 1,500 sqft
    2025-04-01 45 days 1,499 sqft
    2025-05-01 45 days 1,514 sqft
    2025-06-01 49 days 1,541 sqft
    2025-07-01 54 days 1,539 sqft
    2025-08-01 58 days 1,514 sqft
    2025-09-01 58 days 1,508 sqft
    2025-10-01 54 days 1,500 sqft
    2025-11-01 60 days 1,474 sqft
    2025-12-01 71 days 1,433 sqft
    2026-01-01 76 days 1,400 sqft
    2026-02-01 68 days 1,391 sqft
    2026-03-01 52 days 1,398 sqft
    2026-04-01 41 days 1,413 sqft
    2026-05-01 42 days 1,441 sqft
    2026-06-01 47 days 1,458 sqft
    2026-07-01 53 days 1,459 sqft
    2026-08-01 56 days 1,469 sqft
    2026-09-01 0 days 1,461 sqft
    Newark's median listing age (time on market) for 2026-09-01 was 0 days. This is -100% shorter than the same period one year ago.

    Newark's median square footage for active listings during the 2026-09-01 period was 1,461 sqft. One year prior, the average listing was 1,508 sqft.